Macroeconomy/Finance

Buenos Aires offers $7.2m interest prepayment to BP21 bondholders

The government of the province of Buenos Aires proposed holders of BP21 bonds for $250 million matured on January 26, the advance payment of interest from January 27 to May 1, if they accept to defer until that date the payment of capital. If bondholders accept the offer by Friday, they will receive next week $28.70 for every $1,000 of deferred capital.

Source: El Economista